VERY LIGHT JET REPORT :: DECEMBER 22, 2008

LaHood Tapped for DOT Post
Retiring Republican Representative Ray LaHood (Ill.), who served on the House aviation subcommittee, was is nominated Friday by President-elect Barack Obama to be Secretary of Transportation. LaHood ends his 13-year tenure in Congress at the end of the month. LaHood, a moderate Republican Member of the U.S...

Phenom Receives FAA Certificate
Less than a week after it was certificated by Brazilian authorities, Embraer’s Phenom 100 received its FAA type certificate last Monday. Related Story The company reported all design goals were met or even surpassed. First deliveries...

Orphaned Owners Cope in the Wake of Adams Demise
Having spent $1 million+ and taken delivery of a handful of aircraft, Adam Aircraft owners, including New Mexico’s state police which recently took its fifth Adam 500 for its surveillance missions, are faced with an airplane with no support and no manufacturer to supply parts, according to a recent...

Cessna Delivers Thousandth European Aircraft
Cessna Aircraft Company last week became the first business aircraft manufacturer to achieve a European fleet size of 1,000 jets, with the delivery of a Citation XLS to Turkish charter operator BONAIR. BONAIR president Ates Hanibu was presented with the aircraft in a ceremony yesterday at Cessna’s...

OPEC Doubles Production Drop
Just as the airlines dramatically cut capacity last summer, the Organization of the Petroleum Exporting Countries (OPEC) plans to follow suit doubling the expected drop in production from...

CPI Report Outlines Transportation’s Failures
Could it be somehow symbolic that the announcement for President-Elect Obama’s choice for secretary of transportation was dead last in filling out his cabinet? And, could the two-year failure of the reauthorization legislation be reflective of a lack of political will to address issues the industry...